Paris, Sept 9, 2025 (AFP) - Mistral cements AI lead in Europe with cash infusion

NAMPA / AFP

2025-09-09

France's Mistral on Tuesday cemented its position as Europe's top AI hope against far larger US and Chinese competitors after a record fundraising round and a tie-up with chipmaking equipment heavweight ASML. The 1.7 billion euro ($2 billion) cash infusion values Mistral at 11.7 billion euros, double its heft last year but a fraction of the $183 billion price tag placed on US firm Anthropic this month. ASML, a key producer of the machines that ch......

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